BRBS vs TEM: Correlation
Measured on weekly returns over the past three years, Blue Ridge Bankshares, Inc. (BRBS) and Tempus AI, Inc. (TEM) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRBS and TEM?
Over the past 3 years, BRBS and TEM moved with a correlation of 0.43, which is moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.43). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1405.5 %².
Few assets follow BRBS as closely as TEM, which ranks #1 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with BRBS ahead by 24.4 points (+20.9% versus -3.5%). One caveat on sizing: TEM is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BRBS vs TEM: side by side
| BRBS (Blue Ridge Bankshares, Inc.) | TEM (Tempus AI, Inc.) | |
|---|---|---|
| 1-year return | +20.9% | -3.5% |
| 5-year return | -70.4% | n/a |
| Volatility (ann.) | 47.8% | 104.7% |
| Beta vs S&P 500 | 0.73 | 3.25 |
| Max drawdown (3Y) | -74.3% | -59.8% |
| Market cap | $0.3B | $12.8B |
| P/E (trailing) | 43.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRBS | TEM |
|---|---|---|
| 2022 | -27.9% | – |
| 2023 | -75.2% | – |
| 2024 | +6.3% | – |
| 2025 | +40.1% | +74.9% |
| 2026 | +6.6% | +19.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRBS and TEM good diversifiers for each other?
Reasonably. At 0.43, BRBS and TEM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BRBS and TEM?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.25 over the last year and n/a over 5 years.
Is TEM a good diversifier for BRBS?
Reasonably. At 0.43, BRBS and TEM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brbs-vs-tem.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/brbs-vs-tem/)
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Related comparisons
Hubs: BRBS correlations · TEM correlations
